GDS Holdings Limited (NASDAQ:GDS) is set to announce third quarter earning results on Monday 16th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GDS to report 3Q20 loss of $ 0.07 per share.
For the full year, analysts anticipate top line of $ 857.98 million, while looking forward to loss of $ 0.32 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 779.89 million ~ $ 813.86 million
Click Here For More Historical Outlooks Of GDS Holdings Limited
Previous Quarter Performance
GDS Holdings Limited reported loss for the second quarter of $ 0.11 per share, from the revenue of $ 189.98 million. The quarterly revenues grew 36.76 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.07 per share from $ 192.71 million in revenue. The bottom line results missed street analysts by $ 0.04 or 57.14 percent, at the same time, top line results fell short of analysts by $ 2.73 million or 1.42 percent.
Stock Performance
On Friday, shares of GDS Holdings Limited has traded high as $ 94.74 and has cracked $ 92.51 on the downward trend, reaching $ 93.44 with volume of 913.30 thousand shares.
According to the previous trading day, closing price of $ 93.44, representing a 114.86 % increase from the 52 week low of $ 43.27 and a 7.49 % decrease over the 52 week high of $ 100.50.
The company has a market capital of $ 17.70 billion and is part of the Technology sector and Data Storage industry.
Conference Call
GDS Holdings Limited will be hosting a conference call at 7:00 PM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1-845-675-0437 Toll Free or +65-6713-5090 Toll Number, with passcode : 6869567 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.gds-services.com
GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the Peoples Republic of China. The company provides colocation, managed hosting, and managed cloud services, as well as consulting services. Its data centers service customers that primarily operate in the Internet and banking industries in Shanghai and Beijing municipalities; and Jiangsu, Guangdong, Sichuan, and Hebei Provinces.
